Walano Inc
Analysis
Walano Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Walano Inc reported income of $97k and spending of $90k, spending 94% of its income. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 81% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Walano Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Jiti Foundation ($97k), Childrens Heart Fund of Ethiopia ($97k) and Healthy Birth and Infant Brains Foundation ($97k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jiti Foundation | Durham | $97k |
| Childrens Heart Fund of Ethiopia | Ft Washington | $97k |
| Healthy Birth and Infant Brains Foundation | Casper | $97k |
| Freedom City Ministries Inc | Chillicothe | $97k |